Showing posts with label Hess Corporation. Show all posts
Showing posts with label Hess Corporation. Show all posts

Tuesday, January 3, 2012

Zynga (ZNGA) (RJF) (HCP) (HES) (HLS) (ATML) Ratings, Price Targets

Zynga Inc. (NASDAQ: ZNGA), Raymond James (NYSE: RJF), HCP, Inc. (NYSE: HCP), Hess Corp. (NYSE: HES), HealthSouth (NYSE: HLS) and Atmel (NASDAQ: ATML) ratings and price targets.

Zynga Inc. (ZNGA) is now covered by BMO Capital Markets. They have a “market perform” rating on the firm.

Raymond James (RJF) had its price target raised by Ticonderoga from $32.00 to $36.00. They have a “buy” rating on the firm.

HCP, Inc. (HCP) was downgraded by BMO Capital Markets from a “market perform” rating to an “underperform” rating.

Hess Corp. (HES) was downgraded by Raymond James (NYSE:RJF) to an “outperform” rating.

HealthSouth (HLS) was downgraded by Bank of America (NYSE:BAC) to an “underperform” rating.

Atmel (ATML) was upgraded by Goldman Sachs (NYSE:GS) from a “neutral” rating to a “buy” rating.

Wednesday, December 14, 2011

Hess (HES) (ICLR) (IDA) (IPI) (MAS) (MRO) Upgraded

Hess Corp. (NYSE: HES), ICON plc (NASDAQ: ICLR), IDACORP, Inc. (NYSE: IDA), Intrepid Potash, Inc. (NYSE: IPI), Masco Co. (NYSE: MAS) and Marathon Oil Co. (NYSE: MRO) were upgraded by analysts.

Hess Corp. (HES) was upgraded by Deutsche Bank (NYSE:DB) from a “Hold” rating to a “Buy” rating. They have a price target of $68.00 on the company, up from $67.00.

ICON plc (ICLR) was upgraded by Zacks Investment Research from an “Underperform” rating to a “Neutral” rating.

IDACORP, Inc. (IDA) was upgraded by Ladenburg Thalmann from a “Neutral” rating to a “Buy” rating. They have a price target of $45.00 on the company.

Intrepid Potash, Inc. (IPI) was upgraded by Goldman Sachs (NYSE:GS) from a “Sell” rating to a “Neutral” rating.

Masco Co. (MAS) was upgraded by Goldman Sachs from a “Sell” rating to a “Neutral” rating.

Marathon Oil Co. (MRO) was upgraded by Deutsche Bank from a “Hold” rating to a “Buy” rating. They have a price target of $37.00 on the company, up from $33.00.

Wednesday, August 17, 2011

Riverbed (RVBD) (EONGY) (PII) (FN) (HES) (LIFE) (RWEOY) Upgraded

Riverbed Technology, Inc. (NASDAQ: RVBD), E.ON AG (OTC: EONGY), Polaris Industries Inc (NYSE: PII), Fabrinet Ordinary (NYSE: FN), Hess Corp. (NYSE: HES), Life Technologies Corporation (NASDAQ: LIFE) and RWE AG (OTC: RWEOY) upgraded by analysts.

Riverbed Technology, Inc. (RVBD) was upgraded by SunTrust (NYSE:STI) from a “Neutral” rating to a “Buy” rating.

E.ON AG (EONGY) was upgraded by Goldman Sachs (NYSE:GS) from a “Neutral” rating to a “Buy” rating.

Polaris Industries Inc. (PII) was upgraded by BMO Capital Markets from a “Market Perform” rating to an “Outperform” rating.

Fabrinet (FN) was upgraded by JPMorgan Chase & Co. (NYSE:JPM) from a “Neutral” rating to an “Overweight” rating.

Hess Corp. (HES) was upgraded by The Benchmark Company from a “Sell” rating to a “Buy” rating. They have a price target $70.00 on the company, up from $64.00.

Life Technologies Corporation (LIFE) was upgraded by RBC Capital from a “Sector Perform” rating to an “Outperform” rating.

RWE AG (RWEOY) was upgraded by Goldman Sachs (NYSE:GS) from a “Sell” rating to a “Neutral” rating.

Friday, July 29, 2011

Trina (TSL) (GG) (AKS) (GLW) (HES) (WLL) (NEE) Downgraded

Trina Solar (NYSE: TSL), Goldcorp Inc. (NYSE: GG), AK Steel Holding Co. (NYSE: AKS), Corning Inc. (NYSE: GLW), Hess Corp (NYSE: HES), Whiting Petroleum Co. (NYSE: WLL) and NextEra Energy, Inc. (NYSE: NEE) downgraded by analysts.

AK Steel Holding Co. (AKS) was downgraded by Susquehanna from a “Positive” rating to a “Neutral” rating.

Goldcorp Inc. (GG) was downgraded by TD Newcrest to a “Buy” rating.

Corning Inc. (GLW) was downgraded by Credit Agricole to an "Outperform” rating.

Hess Corp. (HES) was downgraded by Howard Weil from an “Outperform” rating to a “Market Perform” rating. They have a price target of $84.00 on the company.

Trina Solar (TSL) was downgraded by Collins Stewart from a “Buy” rating to a “Neutral” rating.

Whiting Petroleum Co. (WLL) was downgraded by BMO Capital Markets from an “Outperform” rating to a “Market Perform” rating.

NextEra Energy, Inc. (NEE) was downgraded by Robert W. Baird from an “Outperform” rating to a “Neutral” rating. They have a price target of $59.00 on the company.

Hess (HES) (DOW) (PFCB) (QEP) (TEVA) (DOX) EPS Estimates Changed

Hess Corp. (NYSE: HES), The Dow Chemical Company (NYSE: DOW), P.F. Chang’s China Bistro (NASDAQ: PFCB), QEP Resources (NYSE: QEP), Teva Pharmaceutical Industries Ltd (NASDAQ: TEVA) and Amdocs Limited (NYSE: DOX) EPS estimates adjusted.

UBS AG (NYSE:UBS) cut its EPS estimates on Hess Corp. (HES). They have a “Buy” rating and a price target of $90.00 on the company.

UBS AG boosted its EPS estimates on The Dow Chemical Company (DOW). The y have a “Buy” rating and a price target of $46.50 on the company.

Credit Suisse (NYSE:CS) lowered its EPS estimates on P.F. Chang’s China Bistro (PFCB). They have a “Neutral” rating and a price target of $34.00 on the company.

Goldman Sachs (NYSE:GS) raised its EPS estimates on QEP Resources (QEP). They have a “Neutral” rating and a price target of $49.00 on the company.

UBS AG raised its EPS estimates on Teva Pharmaceutical Industries Ltd (TEVA). They have a “Buy” rating and a price target of $64.00 on the company.

Citigroup (NYSE:C) raised its EPS estimates on Amdocs Limited (DOX). They have a “Buy” rating and a price target of $37.00 on the company.

Friday, May 20, 2011

Marathon (MRO) (DVN) (HES) (BP) (APC) Trading Mixed

Shares of Marathon Oil (NYSE:MRO), Devon Energy (NYSE:DVN), Hess Corporation (NYSE:HES), BP (NYSE:BP) and Anadarko (NYSE:APC) were trading mixed today as oil prices were trading down in the session.

Crude-oil futures were trading down $0.79 to $97.65 a barrel on the New York Mercantile Exchange.

U. S. crude oil prices also gained some back from earlier losses spurred by comments from the German Bundesbank, which said growth in Europe's largest economy will probably slow down.

Anadarko (APC) was trading at $75.66, gaining $4.02, or 5.61 percent, as of 1:59 PM EDT. BP (BP) was at $45.03, up $1.14, or 2.60 percent. Hess Corporation (HES) was trading at $78.45, climbing $0.37, or 0.47 percent. Devon Energy (DVN) was at $82.76, rising $0.23, or 0.28 percent. Marathon Oil (MRO) was trading at $51.66, falling $0.26, or 0.50 percent.

Hess (HES) (RDS-A) (OIS) (PQ) (SLB) Trade Mixed as Energy Falls

Shares of Hess Corporation (NYSE:HES), Shell (NYSE:RDS-A), Oil States Intl., Inc. (NYSE:OIS), PetroQuest Energy (NYSE:PQ) and Schlumberger (NYSE:SLB) on Thursday as oil and gas were down on the day.

After the International Energy Agency expressed concerns about the effects of higher oil and gasoline prices on the global economy, oil fell in Thursday trading.

Benchmark crude for June delivery fell $1.63 to settle at $98.93 per barrel on the New York Mercantile Exchange.

June, heating oil fell 1.12 cents to settle at $2.8947 a gallon, gasoline dropped 2.95 cents to $2.926 a gallon and natural gas fell 10.5 cents to $4.161 per 1,000 cubic feet.

Hess Corporation (HES) closed Thursday at $78.08, gaining $0.89, or 1.15 percent.

Wednesday, May 18, 2011

Brigham (BEXP) (ECA) (TSO) (DVN) (HES) Up on Lower Gas Inventory

Shares of oil companies Brigham Exploration (NASDAQ:BEXP), Encana Corp. (NYSE:ECA), Tesoro Corporation (NYSE:TSO), Devon Energy (NYSE:DVN) and Hess Corporation (NYSE:HES) were trading up today after a report from the Energy Information Administration saying gas inventory was up less than expected and oil inventory was flat.

Light, sweet crude West Texas Intermediate oil for June delivery is up $3.61 to $100.52 a barrel on the Nymex.

Brent crude July contracts rose $2.74 to $112.73 a barrel.

This could be an indicator that refinery demand may possibly be on the rebound.

MF Global wrote in a note to clients, “We think oil prices will continue to erode and we still think $90 is a reasonable short-term target on WTI, although short-term, we are getting a tad oversold and may be in for a bounce here.”

Brigham Exploration (BEXP) was trading at $29.03, up $1.58, or 5.76 percent. Encana Corp. (ECA) was at $32.77, gaining $0.33, or 1.02 percent. Tesoro Corporation (TSO) was trading at $24.23, rising $0.82, or 3.48 percent. Hess Corporation (HES) was trading at $76.84, jumping $1.38, or 1.83 percent. Devon Energy (DVN) was at $82.80, up $0.98, or 1.20 percent.

Shares of (PBR) (HES) (WTI) (OAS) (RRC) Close Up

Petrobras (NYSE:PBR), Hess Corporation (NYSE:HES), W&T Offshore (NYSE:WTI), Oasis Petroleum (NYSE:OAS) and Range Resources (NYSE:RRC) all closed up on Tuesday even as energy prices were falling

Benchmark crude for June delivery dropped 47 cents to settle at $96.91 a barrel on the New York Mercantile Exchange. It fell as low as $95.02 during the trading session.

Natural gas was down 3 percent, falling 13.3 cents to $4.246 per 1,000 cubic feet.

In Nymex trading in June contracts, heating oil fell 2.93 cents to settle at $2.8451 per gallon, gasoline futures were down 1.18 cents to settle at $2.9193 a gallon and natural gas declined 13.3 cents to settle at $4.246 per 1,000 cubic feet.

In London, Brent crude for June delivery was lower by 85 cents to settle at $109.99 on the ICE Futures exchange.

Petrobras (PBR) closed Tuesday at $34.27, gaining $0.65, or 1.93 percent.

Tuesday, May 17, 2011

Hess Corporation (HES) Trades Down as Oil Prices Drop

Hess Corporation (NYSE:HES) was under pressure as oil as gas prices fell Wednesday, dragging the majority of energy companies down as well.

Brent crude settled down $5.06 at $112.57 a barrel, while U.S. crude futures dropped $5.67 to settle at $98.21.

Natural gas for June delivery settled 6.5 cents, or 1.5%, lower, at $4.181 per million British thermal units on the New York Mercantile Exchange.

The U.S. Oil Fund (USO) dropped 4.2 percent to closed at $39.35, the Energy Select Sector SPDR Fund (XLE) was down 2.9 percent to close at $74.28, and the U.S. gasoline fund LP (UGA) plunged 6.4 percent to close at $51.44.

Hess Corporation operates as an integrated energy company around the world.

Hess Corporation (HES) closed Wednesday at $77.07, down $2.60, or 3.26 percent.

Hess Corporation (HES) Trades Down as Oil Prices Drop

Hess Corporation (NYSE:HES) was under pressure as oil as gas prices fell Wednesday, dragging the majority of energy companies down as well.

Brent crude settled down $5.06 at $112.57 a barrel, while U.S. crude futures dropped $5.67 to settle at $98.21.

Natural gas for June delivery settled 6.5 cents, or 1.5%, lower, at $4.181 per million British thermal units on the New York Mercantile Exchange.

The U.S. Oil Fund (USO) dropped 4.2 percent to closed at $39.35, the Energy Select Sector SPDR Fund (XLE) was down 2.9 percent to close at $74.28, and the U.S. gasoline fund LP (UGA) plunged 6.4 percent to close at $51.44.

Hess Corporation operates as an integrated energy company around the world.

Hess Corporation (HES) closed Wednesday at $77.07, down $2.60, or 3.26 percent.

Shares of (DVN) (HES) (RIG) (PBR) (PTR) Trade Mixed

The share prices of Devon Energy (NYSE:DVN), Hess Corporation (NYSE:HES), Transocean (NYSE:RIG), Petrobras (NYSE:PBR) and PetroChina (NYSE:PTR) traded mixed Monday as the falling price of oil and gas weighed on the companies.

U.S. crude futures fell 2.3 percent and gasoline futures dropped 5 percent to hit a nine-week low as worries mounted about high prices squelching energy demand and the fragile economy weigh on the industry.

Crude futures have fallen close to 15 percent so far on the month.

Oil futures were down 2.3 percent to $97.37 a barrel in New York. June Brent fell to $112.87, down 1 percent for Monday.

Gasoline futures for June delivery declined 14 cents, or 5.01 percent, to end the session at $2.93 a gallon, the lowest close since March 16.

U.S. gasoline at the retail level fell to $3.955 Monday from $3.961 Sunday. Diesel prices dropped $4.123 from $4.127.

June natural gas closed up 7 cents, or 1.7 percent, at $4.32 per million British thermal units. Natural gas prices were up on concerns flooding in Louisiana may cut back on supply.

Heating oil futures were down Monday, with the June heating oil contract closing at $2.87 a gallon, down 7 cents, or 2.3 percent.

Petrobras closed Monday at $33.62, rising $0.58, or 1.76 percent.

Monday, May 16, 2011

Encana (ECA) (HES) (LINE) (NOV) (PXP) Trade Mixed as Oil Prices Rebounded

Shares of Encana Corp. (NYSE:ECA), Hess Corporation (NYSE:HES), Linn Energy, LLC (NASDAQ:LINE), National-Oilwell Varco, Inc. (NYSE:NOV) and Plains Exploration & Production (NYSE:PXP) traded mixed even as oil prices closed Friday in positive territory.

On the New York Mercantile Exchange, crude for June delivery on Friday settled at $99.65 a barrel, up 68 cents, or 0.69 percent, after trading in a range of $97.09 to $100.70.

For the week, front-month crude climbed $2.47, or 2.5 percent.

ICE Brent for June delivery settled at $113.83 a barrel, up 85 cents, or 0.75 percent, after trading in a range of $111.72 to $114.92. The Brent crude contract for July delivery was at 66 cents, or 0.6 percent higher on Friday, at $112.99. Last week, Brent crude jumped $4.70, or 4.3 percent.

The U.S. dollar index was up 0.8 percent higher at $75.72 as the euro was down 1 percent against the dollar at $1.411. On Friday, European officials said that Greece, Ireland and Portugal's sovereign debt problems may be worse than previously believed.

NYMEX June gasoline settled at $3.0744 a gallon, up 1.05 cents, or 0.34 percent, after trading in a range of $3.0342 to $3.1388.

For the week, front-month RBOB fell 1.57 cents, or 0.5 percent.

NYMEX June heating oil closed at $2.9422 a gallon, rising 2.85 cents, or 1 percent.

Front-month heating oil for last week was up 9.65 cents.

Encana Corp. (ECA) closed Friday at $32.64, dropping $0.30, or 0.91 percent.

Wednesday, May 11, 2011

Hess (HES) Trades Down While Oil, Gas Rise

Crude oil, natural gas and gasoline prices jumped Tuesday, pushing up the share price of Hess Corporation (NYSE:HES).

Benchmark crude for May delivery rose $1.33 to settle at $103.88 a barrel on the New York Mercantile Exchange.

Heating oil jumped 3.94 cents to settle at $3.0012 a gallon. Gasoline futures climbed 10.13 cents to settle at $3.3797 a gallon, while natural gas for June delivery increased 8.7 cents to settle at $4.303 per 1,000 cubic feet.

Hess Corporation is a global firm which operates as an integrated energy company.

Hess Corporation (HES) closed at $79.67, dropping $0.28, or 0.35 percent.

Tuesday, May 10, 2011

BP (BP) (ROSE) (CRK) (NOG) (HES) Stronger on Rising Oil Prices

Most oil and related companies performed strong Monday, as BP (NYSE:BP), Rosetta Resources (NASDAQ:ROSE), Comstock Resources (NYSE:CRK), Northern Oil and Gas (Amex:NOG) and Hess Corporation (NYSE:HES) were strengthened by the increase in oil prices after a prior down week.

Crude oil for June delivery climbed $5.37 to settle at $102.55 a barrel on the New York Mercantile Exchange, the largest one-day boost since February 22.

Brent crude for June settlement jumped $6.77, or 6.2 percent, to $115.90 a barrel on the London-based ICE Futures Europe exchange.

Wholesale gasoline prices soared 5 percent on Monday to $3.20 a gallon on fears that refineries in Mississippi may have to shut down because of the Mississippi River flooding.

The average U.S. price of a gallon of regular gasoline Monday fell by a penny to $3.96, according to AAA.

Immediate delivery futures of Texas crude oil rose $5.53 to $102.71 a barrel. Natural gas was up 0.06 cents to $4.17 per mbtu, while gasoline prices fell 20.17 cents to 329.18 cents a gallon.

Rosetta Resources (ROSE) closed Monday at $49.48, soaring $8.38, or 20.39 percent.

Monday, May 9, 2011

Ratings on (C) (DMND) (HES) (LEAP) (SRE) Ugraded

Ratings on shares of Citigroup (NYSE: C), Diamond Foods (NASDAQ: DMND), Hess Corp (NYSE: HES), Leap Wireless (NASDAQ: LEAP) and Sempra Energy (NYSE: SRE) were upgraded by analysts.

Morgan Stanley (NYSE:MS) upgraded Citigroup (C) from a “neutral” rating to an “overweight” rating. They have a price target of $6.00 on the company.

Goldman Sachs (NYSE:GS) upgraded Diamond Foods (DMND) to a “buy” rating.

Jefferies (NYSE:JEF) upgraded Diamond Foods (DMND) from a “hold” rating to a “buy” rating. They have a price target of $22.00 on the company.

Morgan Stanley upgraded shares of Hess Corp (HES) to an “overweight” rating. They have a price target $105.00 on the company.

Deutsche Bank (NYSE:DB) upgraded Leap Wireless (LEAP) to a “hold” rating. They have a price target $18.00 on the company, up from $14.00.

Jefferies upgraded Sempra Energy (SRE). They have a price target of $60.50 on the company, up from $59.60.

Shares of (HES) (CRK) (UPL) (WTI) (OIS) Trade Mixed as Oil Closed Down 15% Last Week

Companies exposed to oil and the industry traded mixed to end the week, as oil prices plummeted 15 percent last week, taking Hess Corporation (NYSE:HES), Comstock Resources (NYSE:CRK), Ultra Petroleum (NYSE:UPL), W&T Offshore (NYSE:WTI), Oil States Intl., Inc. (NYSE:OIS), and others, down with it.

Light, sweet crude oil for June delivery on the New York Mercantile Exchange dropped $2.62 to settle at $97.18 a barrel, matching the eight-week low of March 15. The U.S. Oil Fund (USO) closed down 1.1 percent on Friday.

For the week, the June oil futures contract fell 14.7 percent to $113.93.

Light, sweet crude for June delivery fell $2.62, or 2.6%, to close at $97.18 a barrel on the New York Mercantile Exchange.

In London, Brent crude finished the day off $1.67 at $109.13 per barrel on the ICE Futures exchange.

Republicans went on the offensive against higher oil and gas prices by passing a bill to hasten the leasing process dragging on in the Gulf of Mexico as the Obama administration drag their feet on taking action. The bill would also require leasing to be allowed off the coast of Virginia.

According to Rep. Michael Burgess (R-Texas), the bill helped push down the price of oil as it sent a message to the market they're serious about the future supply.

All Obama has done so far has obsessed on the fantasy of green, clean or so-called alternative energy; a dubious matter at best, and at worst, ignoring what they country needs now and is available to it.

In other Nymex trading for June contracts, heating oil fell 4.12 cents to $2.8457 a U.S. gallon and gasoline futures were down 0.53 cents to $3.0901 a U.S. gallon. Natural gas fell 3.4 cents to $4.297 per 1,000 cubic feet.

Hess Corporation (HES) closed Friday at $77.47, gaining $0.95, or 1.24 percent.

Friday, May 6, 2011

Hess (HES) (PBR) (CRK) (CXPO) Pressured as Oil Falls

Shares of oil and oil-related companies Hess Corporation (NYSE:HES), Petrobras (NYSE:PBR), Comstock Resources (NYSE:CRK) and Crimson Exploration (NASDAQ:CXPO) were pressured Thursday as crude for June delivery dropped below the $100 a barrel mark.

Crude oil for June delivery was down $9.44, or 8.6 percent, to $99.80 a barrel on the New York Mercantile Exchange. The price has fallen 12 percent so far this week, declining every day of the week. Crude has soared 25 percent over the last year.

Gasoline for May delivery was down 22.71 cents, or 6.8 percent, to $3.0954 a gallon on the Nymex, the lowest settlement in five weeks. Gasoline has jumped 39 percent in a year.

Averaged across the nation, regular gasoline at the pump increased 0.3 cent to $3.985 a gallon on Wednesday, according to the website of AAA. That's highest price of gasoline since July 24, 2008.

Heating oil for May delivery was down 25.61 cents, or 8.1 percent, to $2.8869 a gallon on the Nymex. Heating oil has climbed 32 percent over the last year.

The New York Mercantile Exchange reported that oil futures settled at $99.80, down $9.44 or 8.6 percent on Thursday.

Government figures show gasoline demand in America has dropped about 2 percent over the last month, which added to rises in inventory, should push gasoline prices down again.

Hess Corporation (HES) closed Thursday at $76.52, down $0.91, or 1.18 percent.

Thursday, May 5, 2011

Ratings on (DOW) (GG) (HES) (ICE) (LAMR) Upgraded by Analysts

Analysts upgraded ratings on The Dow Chemical Company (NYSE: DOW), Goldcorp Inc. (NYSE: GG), Hess Corp (NYSE: HES), IntercontinentalExchange (NYSE: ICE) and Lamar Advertising Company (NASDAQ: LAMR) today.

Argus upgraded The Dow Chemical Company (DOW) from a “hold” rating to a “buy” rating. They have a price target of $49.00 on the company.

HSBC (NYSE:HBC) upgraded Goldcorp Inc. (GG) from an “underweight” rating to a “neutral” rating.

Argus upgraded Hess Corp (HES) from a “hold” rating to a “buy” rating. They have a price target of $95.00 on the company.

Macquarie upgraded IntercontinentalExchange (ICE) from a “neutral” rating to an “outperform” rating.

Caris & Company upgraded Lamar Advertising Company (LAMR) from an “above average” rating to a “buy” rating.

Petrobras (PBR) (:EGY) (XCO) (HES) Trade Down on Slowing Oil Demand

Oil companies and other industry-related companies Petrobras (NYSE:PBR), Vaalco Energy (NYSE:EGY), Exco Resources Inc. (NYSE:XCO) and Hess Corporation (NYSE:HES) all closed down Wednesday as oil prices took a breather.

Oil prices dropped after a government report showed that inventories are growing as demand softens in the U.S. Benchmark crude for June delivery was down $1.81 to settle at $109.24 a barrel on the New York Mercantile Exchange.

In other NYMEX trading for June contracts, heating oil fell 4.78 cents to settle at $3.143 a gallon, gasoline futures lost 0.69 cent to $3.3225 a gallon and natural gas was lower by 9.4 cents to $4.644 per 1,000 cubic feet.

The U.S. dollar index dropped 0.15 percent to $73.01, down from Tuesday's 73.127 close. The dollar index has fallen 7.5 percent so far in 2011.

Hess Corporation (HES) closed Wednesday at $77.43, falling $2.40, or 3.01 percent.